Business Unit: Economic Crime Risk
Salary range: £58,400 - £73,000 per annum DOE + benefits
Location: UK Remote with attendance at Virgin Money hubs on a quarterly basis, as necessary.
Contract type: Permanent

• Ensuring that VMUK’s Financial Crime Policies and Standards are understood, with a high quality of advice and oversight provided to the business to ensure VMUK’s compliance with legal and regulatory requirements whilst understanding the application of proportionality / a risk-based approach and the desire to fulfil an excellent customer experience aligning to our strategy and risk-appetite
• Overseeing the Financial Crime framework and ensuring that any risks are escalated appropriately, and that our controls are both adequately designed and performing effectively through ongoing check and challenge.
• Providing check and challenge in respect of our Business Wide Risk Assessment (BWRA) and Risk Control Self-Assessment (RCSA) processes to ensure these remain appropriate and proportionate.
• Building and maintaining close relationships with key stakeholders across the business to ensure that Financial Crime risks and trends are considered, with action plans put in place where relevant.
• Working closely with 1st line Financial Crime Operations – ensuring any issues are flagged appropriately e.g. via Governance and providing advice where required.
• Assisting (and deputising for) the AML Senior Manager in attending business ExCos and other Governance forums to ensure the business are aware of any changes to the regulatory, legislative or policy framework, and to ensure any Financial Crime issues/risks/events are understood and logged in our risk reporting system and tracked accordingly.

• Attending key industry forums to ensure VMUK’s Financial Crime framework is fit for purpose and remains in line with industry best practice.

  We need you to have

• Experience of working in a similar role within UK financial services

• Strong knowledge in AML Legal and regulatory requirements
• Broad knowledge of all FC control areas.
• Good communication and report writing skills with knowledge of Governance
• Knowledge of regulatory guidance regarding risk based and proportionate approaches.
• Good organisational, written and verbal communication.